Hedge fund Elliott takes AlcaLu stake – report

Elliott, the hedge fund with a history of buying into companies in the process of being acquired and pushing for a higher price, took a stake of about 1.3 per cent in Alcatel-Lucent, which is being sold to Nokia. The …

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Kabel shareholder calls for review of Vodafone sale

Investment firm Elliott Management requested that Kabel Deutschland holds an extraordinary shareholder meeting to investigate how management behaved during the cable operator’s €7.7 billion sale to Vodafone Group. Elliott, which holds a 13 per cent stake in Kabel, has alleged …

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